Trade Idea Wrap-up: USD/JPY - Sell at 109.10

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 11, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the greenback has remained under pressure after recent selloff, suggesting downtrend is still in progress and may extend weakness to 107.50-55 (1.618 times projection of 114.56-110.67 measuring from 113.80), then 107.20-25, however, loss of downward momentum should prevent sharp fall below 107.00 and reckon 106.75-80 would hold[​IMG]

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